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Extract Data Sublet Agreement Template

Extract Data Sublet Agreement Template

Aug 6th, 2022

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How to Extract Data Sublet Agreement Template

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A sublease agreement is a document that formalizes the relationship between a tenant (sublessor) and someone seeking to rent the same premises (sublessee). It does not terminate the original lease. Subleases typically occur when the original tenant vacates the premises but still has remaining rental obligations, with landlord consent. In such cases, the tenant can find a third party to rent the premises, acting as an intermediary. The original lease is referred to as the master lease, and a sublease generally cannot exceed the duration of the master lease unless the landlord agrees. The process of subletting is governed by the terms of the standard lease.

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